First Team Real Estate Foundation
Preselected recipients only
First Team Real Estate Foundation is a private foundation in Newport Beach, California. In tax year 2025 it gave $638,883 in 4 grants; the typical grant was $5,250 and the largest $626,383. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$638,883
- Number of grants4
- Typical grant$5,250
- Largest grant$626,383
- Assets$0
- New grantees75%
Giving in 2025 was up from $37,000 the year before.
75% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $31,500 | 6 | $627,772 |
| 2024 | $37,000 | 9 | $630,301 |
| 2025 | $638,883 | 4 | $0 |
How to apply
First Team Real Estate Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What First Team Real Estate Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Maryland.
| State | Grants | Amount |
|---|---|---|
| Maryland | 1 | $626,383 |
| California | 3 | $12,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| ImpactAssets Inc | Donor Advised Fund | $626,383 |
| Education Foundation for CA Schools | General support | $7,500 |
| The Literacy Project | General operations | $3,000 |
| Israeli American Council | General Operations | $2,000 |
Officers and trustees
- Michael Marshall
- Cameron Merage
- Tom Wagner
Questions people ask
Does First Team Real Estate Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does First Team Real Estate Foundation give?
$638,883 in tax year 2025, across 4 grants, with a typical grant of $5,250.
Who runs First Team Real Estate Foundation?
Its 2025 filing lists Michael Marshall (Bod), Cameron Merage (Bod) and Tom Wagner (Secretary).
What does First Team Real Estate Foundation fund?
Based on its grants, mainly education.